Venmo Launches Crypto Cashback for Credit Card Holders
π£ @Venmo Launches #CryptoCashback for Credit Card Holders
π #Payment mobile application Venmo owned by fintech giant @PayPal launched a credit card feature that allows users to convert their cashback rewards into Bitcoin and other cryptocurrencies for free.
π According to a PayPal announcement, the feature is meant to be a new way to spend credit card rewards. Supported cryptocurrencies include #BTC, #ETH, #LTC & #BCH.
π βThe new crypto purchase feature could boost interest in the Venmo credit card and provide another way to spend and manage their money with Venmo,β said Venmoβs Senior Vice President and General Manager #DarrellEsch in a press release.
π In partnership with #Paxos Trust Company, Venmoβs more than 76 million users are now able to access cryptocurrency from within the #Venmoapp.
Learn moreβ¦π
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